Safety Group #562
|NYSIF safety groups offer employers a fully insured, low risk, low cost alternative to private insurance carrier plan. Group members can never be assessed for additional premium beyond their earned premium for a given policy year.|
|NYSIF conducts a group accounting after completion of the policy year and each group member receives a proportionate share of any dividend earned. The safety group program, established in 1923 and designed for longevity and stability, has a long and consistent dividend history. Consequently, many safety groups have been with NYSIF for decades.|
|The NY LICA Safety Group, established in 1994 has constantly paid an industry leading dividend to its members who all have one thing in common, being a member of NYLICA. The program is managed by the Group Manager, Tompkins Insurance Agencies, Inc which promotes safety and loss control with the members of the Group and assists the NYSIF in managing the claims. An emphasis is on safety in an effort to ensure the most cost-effective workers compensation program for the membership. Potential new members are fully underwritten to ensure they qualify for the program and meet the underwriting standards.|
For more information, contact:
Tompkins Insurance Agencies, Inc.